All categories

3 years ago

Held-to-maturity securities are equity securities a company intends and is able to hold until maturity true or false

Business

1 answer:

nataly862011 [7]3 years ago

3 0

Answer:

The answer is true

Explanation:

Held to maturity securities are securities that are bought to be held until they matures. It is being classified as non-current asset or long term investment. Example of Held-to-maturity security is a bond.

They are being reported on the balance sheet at an amortized cost(original cost - accumulated amortization). Held-to-maturity with less than a year are regarded as Curren asset while the ones above a year are regarded as non-current.

You might be interested in

Which statement about subsidiary ledger is most accurate

s344n2d4d5 [400]

The accounts receivable subsidiary ledger is a book of accounts that provides supporting detail for Accounts Receivable.

4 0

3 years ago

Read 2 more answers

What are the transactions requirements for chase?

ikadub [295]

Answer:

Complete at least 10 qualifying transactions (including debit card purchases, online bill payments and direct deposits) within 60 days of opening your account. The account must remain open for six months, or Chase may deduct the bonus at closing. When you'll get it: Within 10 business days of completing requirements.

5 0

3 years ago

The following information pertains to Peak Heights Company:

Delvig [45]

Answer:

Peak Heights Company

PEAK HEIGHTS COMPANY

Statement of Cash Flows

Operating Activities Section

Net income $15,625

Non-cash flow: Depreciation 6,700

Changes in working capital:

Accounts receivable -$4,400

Inventory 4,000

Salaries payable 750

Net cash from operating activities $22,675

Explanation:

A) Data and Calculations:

Peak Heights Company:

Income Statement for Current Year

Sales $85,900

Expenses Cost of goods sold $51,675

Depreciation expense 6,700

Salaries expense 11,900 70,275

Net income $15,625

Partial Balance Sheet Current year Prior year Changes

Accounts receivable $9,800 $14,200 -$4,400

Inventory 13,100 9,100 4,000

Salaries payable 1,620 870 750

5 0

3 years ago

Provide an example of how an international company (such as Unilever or Mondelez International) changes its distribution channel

mezya [45]

Answer:

The examples of the given circumstances are provided below.

Explanation:

<u>Interpretations of how the international corporation (including such Unilever) was indeed changing the distribution platform</u>:

Unilever transforms this same distribution network to potential consumers as well as ensures immediate access includes a multitude of shareholder but instead everyday items.
The corporation has a more adaptable distribution network which virtually guarantees direct services to consumers worldwide thru all the different retailers, shopping centers as well as other chain stores.

<u>Interpretations of how and why the International Corporation is changing targeted advertising</u>:

Unilever Advertisements have been created on the basis of the cultural values including its Country-Advertising Notifications besides Unilever impacts negatively on either the values of the people throughout order to determine if the project is uniquely equipped to address the requirements of the cultural identity as well as to raise the effectiveness of purchases.

5 0

3 years ago

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Ludmilka [50]

Answer:

Gross Margin $82,130

Explanation:

The computation of the gross margin under the absorption costing approach is as follows:

Sales ($147 × 1,910 units) $280,770

Less:

Direct Material ($47 × 1,910 units) $89,770

Direct Material ($34 x 1,910 units) $64,940

Variable Manufacturing Overhead ($5 × 1,910 units) $9,550

Fixed Manufacturing Overhead ($39,600 ÷ 2,200 units) × $1,910 units $34,380

Gross Margin $82,130

5 0

2 years ago